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Little Falls, NJ 07424

Bankruptcy = Success Not Failure

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Bankruptcy =  Success is True.   You are getting back on track.  Filing bankruptcy does not mean you failed.   It is important to know that the stigma that went along with filing for bankruptcy in the past just is not the same today.  A fresh start with bankruptcy is success.

In the past, individuals with good credit could assume, and rightfully so, that they could always qualify financially to obtain a mortgage or to refinance. Today, that same individual may have difficulties in increasing their limits on a credit card.  In the world of layoffs and downsizing, people are finding it difficult to earn the same amount of money they were earning five years ago. There seems to be no light at the end of the debt tunnel.

When individuals/families can’t find a way to pay their monthly mortgage payments and there is an illness or life changing event in their lives? Their situation worsens.  They continue to try to use their credit cards to pay “normal” expenses.  The situation spirals until, it is out of control. These are hardworking families who are devastated with their situation.

Get Back on Track Sooner Rather than Later

Unfortunately, with the embarrassment that individuals feel, they wait too long to come to a bankruptcy lawyer. There is no embarrassment or shame in bankruptcy-instead it is a way to face their current financial situation and make a fresh start and a positive step to resolving their money problems. In addition, considering bankruptcy is a positive move to chart a new path and protect their future.

When someone comes to the realization that:

  • things are just not getting better,
  • creditor calls are increasing,
  • credit lines are at the limit,
  • their home could be in foreclosure

Look for advice from an experienced bankruptcy attorney.   Set up a free bankruptcy consult.   I am here to provide you with your path to future financial success.  Bankruptcy = Success not Failure.

In summary, no one should be embarrassed to file bankruptcy but when you do make that decision to determine if bankruptcy is right for you, set up an appointment with an attorney who specializes in bankruptcy filings. Bankruptcy should be viewed as a fresh start for the future rather than you failed.    Sometimes not filing for bankruptcy protection is the failure.